Senate chair wants to see PBM reform bill passed this year
WEB1 day ago · The chairman of the Senate Finance Committee doubled down on his commitment to have a pharmacy benefit manager reform bill passed during Congress’ lame duck session later this year.
Q&A: PBM Legislation “Highly Likely” to Pass This Year
WEB1 day ago · It is “highly likely” that pharmacy benefit management (PBM) legislation will cross the legislative finish line this year, according to Patrick Cooney, president of The Federal Group, a Washington, DC-based lobbying firm. Cooney was interviewed during the 2024 Pharmacy Benefit Management Institute Annual National Conference by Drug Topics ...
Keep PBM reform at the forefront of congressional priorities
WEB2 days ago · In recent months, more than 40,000 patients have sent messages to Congress voicing support for PBM reform as the result of our Finish the Fight campaign. During the August recess, many legislators visited a pharmacy and got an in-person look at the urgent need for PBM reform as part of our grassroots Months of Action. That’s great progress—but there’s much more to be done.
Lawmakers unveil PBM reform bill amid rising drug costs - CNBC
WEBJul 23, 2024 · Bipartisan lawmakers introduced a new bill on Tuesday that aims to crack down on the business practices of drug supply chain middlemen who are widely …
Two separate reports sound alarm on PBM practices that harm
WEBSep 12, 2024 · Two separate reports sound alarm on PBM practices that harm patients, consumers. The three largest drug middlemen — CVS Caremark, OptumRx and Express Scripts — together control more than 95% ...
How FTC's Battle With PBMs Could Reshape The Pharmaceutical ... - Forbes
WEBJul 20, 2024 · The FTC’s investigation of PBMs marks a pivotal moment in the ongoing effort to reform the healthcare industry and ensure that it serves the best interests of patients.
Pharmacy benefit managers profit at expense of patients and small ... - CNN
WEBJul 9, 2024 · Pharmacy benefit managers, which negotiate the terms for prescription drug access for hundreds of millions of Americans, are racking up profits while squeezing patients and independent...
Why PBMs, or pharmacy benefit managers, are the focus of new ... - NPR
WEBJul 7, 2023 · At least nine bills introduced in Congress take aim at pharmacy benefit managers, the powerful middlemen that channel prescription drugs to patients. Here's what the fuss is all about.
How PBMs Are Driving Up Prescription Drug Costs - The New York Times
WEBJun 21, 2024 · The three largest pharmacy benefit managers, or P.B.M.s, act as middlemen overseeing prescriptions for more than 200 million Americans.
House oversight committee blames PBMs for high drug prices
WEBJul 23, 2024 · The committee found evidence of PBMs sharing patient information among affiliated companies for the specific and anticompetitive purpose of steering patients to pharmacies a PBM owns.